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  1. Unemployment rate stable at 23.5 pct in May after upward revision for April
    Photo by MacroPolis

    EconomyMacroeconomy

    . The seasonally unadjusted data, which strip out the smoothing effect of statistical variation, displayed

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  2. Trade deficit falls by 3.1 pct in June
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s trade deficit dropped by 3.1 percent in June after a double-digit increase in the preceding two months, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline figure for June is the third negative reading and the smallest of the three in the course of 2016

    2%

  3. CPI tumbles by 1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) dropped at an accelerating pace of 1 percent in July after a 0.7 percent decline in June, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The headline figure for July is the highest deflationary reading since April. In line with the previous month

    2%

  4. Car sales soar 42.9 pct in July, also reflecting a low base effect
    Photo by MacroPolis

    EconomyMacroeconomy

    The number of road motor vehicles (going into circulation for the first time) surged 42.9 percent in July after a short-lived drop of 2.5 percent in June, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. The strong double-digit growth in July largely reflects a low base effect

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  5. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    of Q2 most macro data gave mixed signals that pointed towards a continuing recession. Although

    2%

  6. Building activity plummets 31.5 pct in May

    EconomyMacroeconomy

    Greek building permits dropped for the fifth successive month at a notably accelerating pace by 31.5 percent in May, following a 5.3 percent decline in April, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. The May headline figure is the lowest negative reading since July 2015

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  7. Greece's latest GDP figures and what to expect for the rest of the year
    Photo by MacroPolis

    Agora

    detailed figures and a potential revision of Q2 GDP are due upon the release of provisional data

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  8. Greece's 2009 deficit makes for a good conspiracy; shame about the numbers

    Agora

    of duty, and not for falsifying data. Greece’s highest court accepted the prosecutor’s appeal

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  9. Net job hirings rise again, reaching 19,281 in July - highest since 2001
    Photo by MacroPolis

    EconomyMacroeconomy

    The employment balance was kept positive for the sixth successive month with net hirings reaching 19,281 in July 2016 from net departures of 16,658 a year ago, the Labour Ministry’s information system (Ergani) data showed on Thursday. In addition, this year’s figure is the highest reading since

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  10. Industrial turnover falls by 9.4 pct in June

    EconomyMacroeconomy

    Greece’s industrial turnover continued its steady decline during 2016, falling by 9.4 percent year on year in June from a revised 13.6 percent drop in May, according to data released by ELSTAT on Friday. Turnover in industry has been in negative territory since November 2014. As a result, over

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